A theoretical analysis of random inspections and fines in invasive species management

Amitrajeet Batabyal and Seung Jick Yoo

MPRA Paper from University Library of Munich, Germany

Abstract: In this paper, we conduct a theoretical analysis of inspections in a stochastic environment and we shed light on two hitherto unstudied issues concerning inspections in the context of invasive species management. First, given a particular port of entry in a country, we study the properties of a random inspection scheme. Second, we compute the average total fines that will be collected in the long run by an inspection agency that uses the above inspection scheme to screen arriving ships for the presence of one or more invasive species.

Keywords: Invasive Species; Fine; Random Inspection; Uncertainty (search for similar items in EconPapers)
JEL-codes: C44 Q58 (search for similar items in EconPapers)
Date: 2008-02-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Published in Economics Bulletin 15.17(2008): pp. 1-9

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/72007/1/MPRA_paper_72007.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:72007

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().